Insider Selling: Larry Gunning Unloads 4,000 Shares of Insight Enterprises Stock (NSIT)
Insight Enterprises (NASDAQ:NSIT) Director Larry Gunning sold 4,000 shares of Insight Enterprises stock on the open market in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $23.39, for a total value of $93,560.00. Following the transaction, the director now directly owns 1,076 shares of the company’s stock, valued at approximately $25,168. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Insight Enterprises (NASDAQ:NSIT) traded down 2.01% on Wednesday, hitting $22.89. The stock had a trading volume of 224,434 shares. Insight Enterprises has a 52 week low of $15.75 and a 52 week high of $25.19. The stock has a 50-day moving average of $21.94 and a 200-day moving average of $21.37. The company has a market cap of $965.5 million and a price-to-earnings ratio of 14.24.
Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.48 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.53 by $0.05. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was up 3.6% on a year-over-year basis. Analysts expect that Insight Enterprises will post $2.03 EPS for the current fiscal year.
Insight Enterprises, Inc (NASDAQ:NSIT) is a global provider of information technology (IT) solutions to businesses and public sector institutions.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.